ZEEL-Sony Merger Deal Gets NCLT's approval, All Objections Related To The Deal Dismissed By NCLT
Post-development, the stock of Zee Entertainment Enterprises (ZEEL) jumped 15 per cent to Rs 278.40 on the BSE.
Aug 10, 2023, 15:21 PM IST
Sony, ZEEL sign definitive agreements for merger; Punit Goenka will lead combined company as its MD & CEO
Under the terms of the definitive agreements, SPNI will have cash balance of USD $1.5 Bn (assuming an INR:USD exchange rate of 75:1) at closing, including through infusion by the current shareholders of SPNI and the promoters (founders) of ZEEL.
Dec 22, 2021, 08:56 AM IST
Zee Group founder Subhash Chandra says key investor wants to take over company
Invesco Developing Markets Fund and OFI Global China Fund LLC, which together account for 17.88% of Zee`s shares, want the company`s chief executive officer Goenka to go and the board revamped.
Oct 07, 2021, 14:12 PM IST
Invesco reeks of impropriety, is there a Chinese conspiracy against ZEEL-Sony mega-merger?
A recent fact-laden statement by Dr Subhash Chandra - Founder, Zee Entertainment Enterprises Limited, has posed some really tough questions for Invesco who is believed to be acting at someone's behest --pointing all fingers on China.
Oct 06, 2021, 14:07 PM IST
Invesco acting on whose behest? Dr Subhash Chandra's tough questions bound to make Invesco uncomfortable
Media reports have been falsely citing Invesco's version to take on ZEEL MD & CEO Punit Goenka, though everything seems fabricated as these reports have failed terribly in their mala fide attempt to malign the image of esteemed organisation - ZEEL and its MD & CEO Punit Goenka.
Oct 05, 2021, 16:54 PM IST
ZEEL-Sony Pictures merger: Here’s why the deal is extremely profitable for shareholders, stakeholders
The merger of ZEE Entertainment Enterprises Limited (ZEEL) and Sony Pictures Networks India (SPNI) is in the best interest of all the shareholders and stakeholders.
Sep 22, 2021, 14:07 PM IST